Communicators

Eyecarrot Signs Sponsorship Deal with Formula 4 Racing Team Valdemar Eriksen Racing

Eyecarrot Innovations Corp (Eyecarrot) (TSX-V: EYC | OTCQB: EYCCF) is pleased to announce it has agreed to a sponsorship program with Formula 4's Valdemar Eriksen Racing that will see Dr. Steen Aalberg (F.COVD) using Binovi Touch to train specific aspects of 16 year-old driver Valdemar Eriksen's vision with the goal of one day achieving his dream of driving in Formula 1.

"After a visual evaluation, we found some room for improvement on aspects of his vision skills including binocular vision. We will leverage the Binovi Platform and work to ensure a great outcome for the Team”– Dr. Steen Aalberg, F.COVD

We look forward to working with both Dr. Aalberg and Valdemar, and will watch his career —and journey to Formula 1— with great interest! Follow our coverage of Valdemar's progress on our Twitter feed and keep tabs on his career at @VE_Racing.

About Valdemar Eriksen

While only 16 years of age, Valdemar Eriksen has already made a name for himself in Formula 4. In his rookie season of the Danish Formula 4 Championship, he finished with 18 top-5 finishes including 6 podium appearances, landing him 4th overall for the season. 2018 also saw Valdemar's debut in the MRF Challenge in Formula 3 cars.

About Steen Aalberg, F.COVD

Dr. Aalberg has been in private practice since 1986 and a COVD Fellow since 1995, and has been awarded the Armand Bastien Memorial Award from ICBO (2010) for significant international accomplishments in the field. His work is primarily focused on education, vision training, and remediation and rehabilitation of functional visual problems, including those caused by brain injury.

About Eyecarrot

Eyecarrot’s goal is to power a global, data-driven, expert therapeutic network to transform how human Oculomotor Sensory performance is diagnosed, exercised and enhanced. The company is building BinoviTM, a universal, collaborative care platform that integrates software, hardware, data and the expert knowledge of vision care professionals to help patients on a global scale. Learn more at www.eyecarrot.com

On behalf of the Board of Directors

Adam Cegielski

President | CEO

Terry Uppal

Investor Relations

Email: invest@eyecarrot.com

Toll-free: 1 (844) 866-6162

https://www.eyecarrot.com/investors/

Forward looking information:

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company's financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.